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Ribbon Communications (Ribbon Communications) PB Ratio : 1.27 (As of Apr. 26, 2024)


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What is Ribbon Communications PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-26), Ribbon Communications's share price is $3.125. Ribbon Communications's Book Value per Share for the quarter that ended in Mar. 2024 was $2.46. Hence, Ribbon Communications's PB Ratio of today is 1.27.

The historical rank and industry rank for Ribbon Communications's PB Ratio or its related term are showing as below:

RBBN' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.38   Max: 4.22
Current: 1.19

During the past 13 years, Ribbon Communications's highest PB Ratio was 4.22. The lowest was 0.48. And the median was 1.38.

RBBN's PB Ratio is ranked better than
62.57% of 366 companies
in the Telecommunication Services industry
Industry Median: 1.725 vs RBBN: 1.19

During the past 12 months, Ribbon Communications's average Book Value Per Share Growth Rate was -14.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -17.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ribbon Communications was 59.40% per year. The lowest was -17.70% per year. And the median was -3.70% per year.

Back to Basics: PB Ratio


Ribbon Communications PB Ratio Historical Data

The historical data trend for Ribbon Communications's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ribbon Communications PB Ratio Chart

Ribbon Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.39 1.71 0.91 1.10

Ribbon Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 1.05 1.03 1.10 -

Competitive Comparison of Ribbon Communications's PB Ratio

For the Telecom Services subindustry, Ribbon Communications's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ribbon Communications's PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ribbon Communications's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ribbon Communications's PB Ratio falls into.



Ribbon Communications PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Ribbon Communications's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=3.125/2.463
=1.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Ribbon Communications  (NAS:RBBN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Ribbon Communications PB Ratio Related Terms

Thank you for viewing the detailed overview of Ribbon Communications's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ribbon Communications (Ribbon Communications) Business Description

Traded in Other Exchanges
Address
6500 Chase Oaks Boulevard, Suite 100, Plano, TX, USA, 75023
Ribbon Communications Inc provides network solutions primarily to telecommunications, wireless and cable service providers worldwide. It enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. Its solutions enable its customers with a secure way to connect and leverage multivendor, multiprotocol communications systems and applications across their networks and the cloud, around the world and in a rapidly changing ecosystem of IP-enabled devices such as smartphones and tablets.
Executives
Miguel A Lopez officer: EVP, CFO HARRIS CORPORATION, 1025 W NASA BOULEVARD, MELBOURNE FL 32919
Bruce William Mcclelland director, officer: President & CEO 3871 LAKEFIELD DRIVE, SUWANEE GA 30024
Dan Redington officer: EVP of Global Sales 6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Scott Mair director 6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Swarth Investments Inc. 10 percent owner NEWPORT HOUSE, 15 THE GRANGE, ST PETER PORT Y7 GY1 4LA
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Sam Bucci officer: EVP & GM IP Optical Networks 3605 E PLANO PARKWAY, PLANO TX 75074
Bruns H Grayson director 950 WINTER STREET, WALTHAM MA 02451
Stephen J. Mccaffery officer: EVP EMEAS and APAC Sales VICTORIA ROAD, WEST YORKSHIRE, SALTAIRE X0 BD183LF
Eric S Marmurek officer: SVP, Finance & CAO C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Patrick W Macken officer: EVP, Chief Legal Officer 4515 THREE CHIMNEYS LANE, CUMMING GA 30041
Beatriz V Infante director 4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Ewing R Stewart Jr director 100 CENTURETEL DRIVE, MONROE LA 71203
Steven M Bruny officer: EVP Sales, Americas C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Shaul Shani director 4001 WEST PKWY, C/O SAPIENS USA INC, CURRY NC 27519